CMIS 526 Exam with 73 Questions
And 100% Correct Answers
Radical (or disruptive) innovations Correct Ans ➡ Using a markedly new or different
technology to access new customer segments and significantly greater benefits
True Correct Ans ➡ T/F: Open innovation can prove to be beneficial when you integrate
external stakeholders into the innovation process
1) Put tech ahead of strategy
2) Put tech ahead of marketing
3) Innovation is continuous Correct Ans ➡ The disruptive innovation cycle suggests what
three ways to think about investments in radical innovation?
Electronic Correct Ans ➡ __________ commerce occurs when any aspect of the
transaction is facilitated by electronic communication technologies
, E-Commerce Correct Ans ➡ This the exchange of goods, services, and money among
firms, between firms and their customers, supported by communication technologies, and in
particular, the Internet
B2C Correct Ans ➡ An example of __2__ is when a person buys a book from
Amazon.com
B2B Correct Ans ➡ An example of __2__ is when a manufacturer conducts business over
the Web with its suppliers
C2B Correct Ans ➡ An example of __2__ is when a person offers his photography at
shutterstock.com
C2C Correct Ans ➡ An example of __2__ is when a person purchases some memorabilia from
another person via eBay.com
E-Finance Correct Ans ➡ The use of information systems to provide financial services
and markets
True Correct Ans ➡ T/F: The Long Tail refers to the ability to cater to niche markets
instead of selling mainstream products
And 100% Correct Answers
Radical (or disruptive) innovations Correct Ans ➡ Using a markedly new or different
technology to access new customer segments and significantly greater benefits
True Correct Ans ➡ T/F: Open innovation can prove to be beneficial when you integrate
external stakeholders into the innovation process
1) Put tech ahead of strategy
2) Put tech ahead of marketing
3) Innovation is continuous Correct Ans ➡ The disruptive innovation cycle suggests what
three ways to think about investments in radical innovation?
Electronic Correct Ans ➡ __________ commerce occurs when any aspect of the
transaction is facilitated by electronic communication technologies
, E-Commerce Correct Ans ➡ This the exchange of goods, services, and money among
firms, between firms and their customers, supported by communication technologies, and in
particular, the Internet
B2C Correct Ans ➡ An example of __2__ is when a person buys a book from
Amazon.com
B2B Correct Ans ➡ An example of __2__ is when a manufacturer conducts business over
the Web with its suppliers
C2B Correct Ans ➡ An example of __2__ is when a person offers his photography at
shutterstock.com
C2C Correct Ans ➡ An example of __2__ is when a person purchases some memorabilia from
another person via eBay.com
E-Finance Correct Ans ➡ The use of information systems to provide financial services
and markets
True Correct Ans ➡ T/F: The Long Tail refers to the ability to cater to niche markets
instead of selling mainstream products
